PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS
By exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout th...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2014-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2014/n1/120.pdf |
| _version_ | 1819231209418391552 |
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| author | BĂLOI Ionut-Cosmin |
| author_facet | BĂLOI Ionut-Cosmin |
| author_sort | BĂLOI Ionut-Cosmin |
| collection | DOAJ |
| description | By exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout the paper want to identify the pillars of a renewable business model and to describe the strategic dimensions of their capitalisation in regional and national energy entrepreneurship. The trend of increasing the renewable energy business volume is driven by the entrepreneurs and company’s availability to try new markets, with many unpredictable implications and the willingness of these players or their creditors to spend their savings, in various forms, for the concerned projects. There is no alternative to intensive investment strategies, given that the small projects are not able to create high value and competitiveness for interested entrepreneurs. For this reason, the international practice shows that the business models in energy production are supported by partnerships and networks of entrepreneurs who are involved in the development of large projects. The most important feature of renewable business initiatives is on attracting the latest clean emerging technologies, and obviously the investors who can assume the risk of such great projects. The benefits of a well developed business model recommend a prudent approach in the launching in the investment strategies, because the competitive contexts hide always some dissatisfaction of the partners that endanger the business concept’s success. The small firms can develop a profitable business model by exploring the opportunity of the alliances, namely the particular joint ventures (association between Romanian and foreign firms). The advantages of joint venture's partners are considerable; they include access to expertise, resources and other assets that the partners could not achieve on their own. The present research emphasizes a series of positive aspects and shows the dysfunctions encountered by the companies that develop business models in the Romanian renewable energy. |
| first_indexed | 2024-12-23T11:41:20Z |
| format | Article |
| id | doaj.art-aaa51dd7d8da43b8ad0f3c9275f42c80 |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-12-23T11:41:20Z |
| publishDate | 2014-07-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-aaa51dd7d8da43b8ad0f3c9275f42c802022-12-21T17:48:29ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502014-07-0123110921098PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELSBĂLOI Ionut-Cosmin0 Craiova University, Economics and Business Administration FacultyBy exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout the paper want to identify the pillars of a renewable business model and to describe the strategic dimensions of their capitalisation in regional and national energy entrepreneurship. The trend of increasing the renewable energy business volume is driven by the entrepreneurs and company’s availability to try new markets, with many unpredictable implications and the willingness of these players or their creditors to spend their savings, in various forms, for the concerned projects. There is no alternative to intensive investment strategies, given that the small projects are not able to create high value and competitiveness for interested entrepreneurs. For this reason, the international practice shows that the business models in energy production are supported by partnerships and networks of entrepreneurs who are involved in the development of large projects. The most important feature of renewable business initiatives is on attracting the latest clean emerging technologies, and obviously the investors who can assume the risk of such great projects. The benefits of a well developed business model recommend a prudent approach in the launching in the investment strategies, because the competitive contexts hide always some dissatisfaction of the partners that endanger the business concept’s success. The small firms can develop a profitable business model by exploring the opportunity of the alliances, namely the particular joint ventures (association between Romanian and foreign firms). The advantages of joint venture's partners are considerable; they include access to expertise, resources and other assets that the partners could not achieve on their own. The present research emphasizes a series of positive aspects and shows the dysfunctions encountered by the companies that develop business models in the Romanian renewable energy.http://anale.steconomiceuoradea.ro/volume/2014/n1/120.pdfbusiness model, renewable energy, inside-out innovation, infrastructure models |
| spellingShingle | BĂLOI Ionut-Cosmin PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS Annals of the University of Oradea: Economic Science business model, renewable energy, inside-out innovation, infrastructure models |
| title | PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS |
| title_full | PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS |
| title_fullStr | PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS |
| title_full_unstemmed | PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS |
| title_short | PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS |
| title_sort | peculiarities of the renewable energy business models |
| topic | business model, renewable energy, inside-out innovation, infrastructure models |
| url | http://anale.steconomiceuoradea.ro/volume/2014/n1/120.pdf |
| work_keys_str_mv | AT b258loiionutcosmin peculiaritiesoftherenewableenergybusinessmodels AT peculiaritiesoftherenewableenergybusinessmodels AT peculiaritiesoftherenewableenergybusinessmodels AT peculiaritiesoftherenewableenergybusinessmodels |